# PPP loan: ADVANCED ENERGY LLC
> **$756K** approved 01/22/2021 · Paid in Full · Loan `3490308308`
## Borrower
- **Name:** ADVANCED ENERGY LLC
- **Address:** 880 Munson Ave Ste C, Traverse City, MI, 49686-3661
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $764K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $756K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** West Shore Bank
- **Servicing:** West Shore Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*